Liberty and Finance, Released on 5/8/24 (Recorded on 5/7/24)
The gold run is far from over, says legendary investor Rick Rule. Unless the US sees a balanced budget, positive real interest rates, and an end of quantitative easing, “I’m not afraid of another 15-years of stagnant gold prices,” he says. While gold is at nominal all-time highs, it is still far from its inflation adjusted high. He discusses investing in gold to maintain inflation-protected liquidity and also speculating on specific resource companies.
0:00 Intro
2:17 Hated commodities
8:50 Commodity stocks
10:01 Gold’s performance
16:50 Uranium stocks
17:50 Definition of a Dollar
24:29 Resource companies
29:45 Battle Bank
33:50 Rule Symposium
39:49 Miles Franklin
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.